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Technology Stocks : Altaba Inc. (formerly Yahoo) -- Ignore unavailable to you. Want to Upgrade?

To: fut_trade who wrote (4449)12/14/1997 7:36:00 PM
From: Bill Wexler  Read Replies (2) | Respond to of 27307
 
You are absolutely incorrect about Iomega...but that's beside the point.

<<Shorts can do no more harm because there are very few shares left to short.>>

Shorts don't "harm" a stock. That's nonsense you picked up from the Iomaniacs or the penny stock pushers.

Fundamentals harm or hurt a stock, because investors will always demand a return on their money. Yahoo is producing zero economic benefit ($.45 a share in losses TTM), yet it commands a $3 Billion market cap. Therefore it will trade lower...much lower. Momentum is a temporary fad. Fundamentals are everything...and always will be.



To: fut_trade who wrote (4449)12/14/1997 10:56:00 PM
From: Mama Bear  Read Replies (1) | Respond to of 27307
 
Peter, I borrow shares every morning in case I get the itch to get back in. I haven't had any problem finding shares. It's not August anymore. Short's don't cause price declines anyway, they just profit from them.

>>>Shorts can do no more harm because there are very few shares left to short.<<<

Barb!


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